Moody's rates Fideicomiso Financiero debt B1

Moody's Investors Service said it assigned a national-scale rating of A1(ar) and a global local currency rating of B1 to the debt securities of Fideicomiso Financiero Multipyme I issued by Bapro Mandatos y Negocios SA as issuer and trustee.

The rated securities are backed by a pool of bills of exchange signed by agricultural producers in Argentina, the agency said, adding the bills of exchange are guaranteed by Garantizar SGR (local currency national-scale rating of A1(ar), global local currency rating of B1).

Moody's noted the rating assigned to this transaction is primarily based on the rating of Garantizar.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.